Tesla shares tumble as Elon Musk floats new US political party | Elon Musk News
Musk’s political ambition has spooked investors as the auto company reports a decrease in sales in the second quarter.Tesla shares have tumbled after CEO Elon…
Trump announces deal to impose 20% tariff on trade with Vietnam | Donald Trump News
The United States will place a lower-than-promised 20 percent tariff on many Vietnamese exports, President Donald Trump has said, cooling tensions with its 10th-biggest trading…
Why is the US dollar falling by record levels in 2025? | Debt News
The United States dollar has had its worst first six months of the year since 1973, as President Donald Trump’s economic policies have prompted global…
Fragile Iran-Israel ceasefire calms oil markets | Israel-Iran conflict News
Oil prices hit a five-month high over the weekend after the United States struck Iran’s nuclear facilities. Tehran retaliated with an attack on the US…
Putin says Russian recession must not happen ‘under any circumstances’ | Business and Economy News
Russia’s economy must not slide into recession, President Vladimir Putin said, after economists warned for months of a slowdown in growth. Putin told attendees, including…
US Fed leaves interest rates unchanged amid economic uncertainty | Inflation
The central bank held rates steady despite backlash from US President Donald Trump.The United States Federal Reserve has left its benchmark rate unchanged despite mounting…
US Senate passes stablecoin bill in milestone victory for crypto sector | Crypto News
If passed, the bill will establish for the first time a regulatory regime for stablecoins, a fast rising financial product.The United States Senate has passed…
What would an Israel-Iran war mean for the global economy? | Israel-Iran conflict News
As Israel and Iran exchange deadly salvoes for a fourth day, there are growing concerns that the conflict will spread across one of the world’s…
Oil markets are spooked as Iran-Israel tensions escalate | Oil and Gas News
Israel’s strike on military and nuclear sites, and Iran’s retaliation, have rocked already strained global supply chains. As airlines suspend flights to Tel Aviv, Tehran…
Boeing CEO cancels airshow visit as investigation starts on India crash | Aviation News
Boeing and GE Aerospace are scaling back their public activities following the fatal crash of an Air India jetliner, with the planemaker’s CEO cancelling his…
Air India crash refuels Boeing and airline’s problems | Aviation News
The fatal crash of a 787 Dreamliner that was being operated by Air India from Ahmedabad in northwestern India to London Gatwick Airport has once…
Sentence for ex-Goldman banker in 1MDB case ‘too short’: Malaysian minister | Corruption News
Former Goldman Sachs banker Tim Leissner was sentenced on Thursday to two years in prison for role in 1MDB scandal.Malaysia’s Commodities Minister Johari Abdul Ghani…
Trump’s tariffs ruled illegal: Will this end US trade war? | Trade War News
A United States trade court has ruled that President Donald Trump’s global reciprocal tariffs are illegal, finding that the president overstepped his authority by imposing…
Trump tells US chip design software makers to halt China sales: Report | Technology News
US electronic design automation software makers were told via letters to stop supplies to China, the FT reported.United States President Donald Trump’s administration has ordered…
Trump Media to raise $2.5bn to invest in Bitcoin | Crypto News
Trump Media says the money will be used to create a ‘Bitcoin treasury’.The Trump Media and Technology Group will raise about $2.5bn to invest in…
US Steel shares soar on Trump’s apparent blessing for deal with Nippon | Business and Economy News
Investors interpreted Trump’s comments to mean Nippon Steel had received his approval for its takeover of US Steel.United States President Donald Trump has expressed support…
FTC abandons Biden-era effort to block Microsoft’s purchase of Activision | Business and Economy News
It was the second time in one day that the FTC pulled out of litigation begun during the Biden administration.The Republican-controlled Federal Trade Commission is…
JPMorgan’s Dimon warns of US stagflation risk: Report | Business and Economy
Economists echo Dimon’s concerns as US credit downgrade and tariff-driven uncertainty continue.JPMorgan Chase CEO Jamie Dimon has warned that he can’t rule out the possibility that…
US House passes tax and spending bill by single vote | Tax News
The Republican-controlled US House of Representatives has passed the “Big, Beautiful Bill”, the sweeping tax and spending bill by a single vote. The legislation, which…
Target cuts annual forecast as tariffs, boycotts weigh on sales | Business and Economy
Target has slashed its annual forecasts amid a pullback in discretionary spending due to tariff-driven uncertainty and a backlash against shifts in its diversity, equity…